PANews reported on December 19 that Juicyway, a cross-border payment service provider based on stablecoins, announced the completion of a $3 million Pre-Seed round of financing, with participation from P1 Ventures, Ventures Platform Fund, and Future Africa. Juicyway mainly uses stablecoins and cryptocurrencies to bypass traditional intermediaries to simplify cross-border settlements and reduce transaction delays. The new funds are intended to support its provision of accessible quasi-bank and crypto wallet services, enabling seamless deposit and withdrawal services with stablecoins acting as a bridge, promoting instant settlements and reducing reliance on highly volatile currencies.